A timeline of Zimdollar’s second demise

 Upon its reintroduction, the local currency traded at $6,32 against US$1 in the official forex market, and US$1:$13,5 in the parallel foreign currency system.
By Tatira Zwinoira Feb. 4, 2024

Govt pleads with banks to lower charges

Treasury and the central bank have been advocating  lower banking fees to attract the estimated US$2,5 billion circulating outside formal channels.
By Tafadzwa Mhlanga Dec. 12, 2023

Govt seeks US$5m from domestic market

The issuance of the Treasury Bill comes as government’s public debt is estimated to be more than US$20 billion to date.
By Business Reporter Oct. 11, 2023

Inflation statistics: ZimStat must ditch blended figures

The Treasury has also paused fulfilling its obligations like payments to contractors and suppliers.
By Zvikomborero Sibanda Aug. 11, 2023

Who will tame the elephant in the room?

The big elephant in the room is government’s profligacy, its insatiable quest to spend beyond its budget. It is its reckless indiscipline.
By Tinashe Murapata Jun. 15, 2023

No sign of Zimdollar stability in the short-term outlook

Government issued Treasury Bills (TBs) valued at about US$1,45 billion in fulfilment of obligations due to some creditors and suppliers, prior to shelved.
By Respect Gwenzi May. 5, 2023

The season of madness at play

Meanwhile in the interim, rational agents are anticipating a gallop in expenditure as the new salary structures take effect.
By Respect Gwenzi Mar. 24, 2023

Value for money process to save 20% of govt revenue: Ncube

Ncube revealed that Treasury was strengthening the procurement process and stamping out overpricing by contractors.
By Melody Chikono Feb. 16, 2023

Letter From America: Africans waking up slowly to Wester influences!

The various threats uttered recently by US officials are by no means idle threats.
By Kenneth Mufuka Feb. 12, 2023